Florida: Walmart Plans Estimated $200 Million in New Store
Construction, Improvements and Innovations in 2018

ORLANDO, Fla.--(BUSINESS WIRE)--Walmart today announced it expects to spend an estimated $200 million
over the next year in Florida through the opening and remodeling of 43
stores as well as the rollout of several in-store and online innovations
designed to help busy customers save time and money. The spend is part
of Walmart’s total capital expenditures guidance of approximately $11.0
billion for Fiscal Year 2019, which was outlined last October at the
company’s annual meeting for the investment community and reiterated in
February 2018.

Walmart recently reported strong comp sales growth of 2.1% for the
fiscal year ending Jan. 31, 2018, indicating customers are responding
well to the company’s business strategy. The plan is to continue
improving stores and accelerating innovation during the coming year to
make shopping faster and easier for customers in Florida.

“Making every day easier for busy families is at the forefront of
everything we’re doing as a company,” said Elise Vasquez-Warner, a vice
president and regional general manager for Walmart in Florida.
“Customers have told us they want the convenience of shopping how, when
and where they want. And, here in Florida, we’ll achieve that by
building off the momentum we had last year, accelerating the rollout of
customer-centered innovations, creating more than 1,000 jobs this year
alone, and maintaining a sharp focus on improving our store experience.”

2018 Walmart New Store Construction and
Remodels in Florida

Walmart plans to build and remodel stores in the following locations:

Grand Openings (see addendum below for complete list of stores)*

Central Florida (1)

Jacksonville (2)

Miami-Fort Lauderdale (3)

*Walmart will also open a new Distribution Center in the City of Cocoa
later this year.

Remodels (see addendum below for complete list of stores)

Central Florida (12)

Jacksonville (3)

Panhandle (1)

Southwest Florida (1)

Tampa Bay (12)

Miami-Fort Lauderdale (4)

West Palm Beach (4)

“Walmart’s continued investment in communities across Florida plays a
key role in job creation and economic development. By building on their
innovation plans, Walmart’s commitment to strengthening their footprint
in Florida is to be commended,” said Mark Wilson, President and CEO of
the Florida Chamber of Commerce.

2018 Walmart In-store and Online Innovations in Florida

Walmart continues to innovate
how it serves customers, helping them save time and money by creating a
seamless shopping experience that empowers customers to shop when, where
and how they want.

In addition to continuing to test new technologies that transform how
customers shop, Walmart plans to expand several innovative services that
deliver greater convenience and faster services, including:

(1)Online Grocery Pickup

Florida customers can order Walmart
groceries online and pick them up without ever having to unbuckle
their seatbelts. The service is free and prices through Walmart Online
Grocery are the same as in-store.

Walmart currently offers Grocery Pickup at more than 100 Florida
locations and plans to roll-out approximately 80 new Grocery Pickup
locations at area stores in the coming year.

Walmart offers Mobile
Express Scan & Go in select markets which allows customers to
scan items with their mobile devices while shopping in store, pay
instantly and skip the checkout line. Customers can download the
Walmart Scan & Go app from iTunes or the Google Play store.

Mobile Express Scan & Go is currently offered at all 49 Florida Sam’s
Clubs and was recently launched at more than 10 Florida Walmart
stores. Walmart will continue evaluating opportunities to expand the
service to more local customers in the coming year.

Much like a high-tech vending machine, the Walmart Pickup
Tower allows customers to pick up their online orders in less than
a minute by scanning a bar code sent to their smartphone. To use the
tower, customers simply choose from millions of items available on
Walmart.com and select the Pickup option at checkout.

Pickup Tower service is currently available at more than 15 Florida
Walmart stores. Walmart will continue evaluating opportunities to
expand the Pickup Tower service to Florida customers in the coming
year.

Walmart Inc. (NYSE: WMT) helps people around the world save money and
live better - anytime and anywhere - in retail stores, online, and
through their mobile devices. Each week, over 270 million customers and
members visit our more than 11,700 stores under 65 banners in 28
countries and eCommerce websites. With fiscal year 2018 revenue of
$500.3 billion, Walmart employs approximately 2.3 million associates
worldwide. Walmart continues to be a leader in sustainability, corporate
philanthropy and employment opportunity. Additional information about
Walmart can be found by visiting http://corporate.walmart.com,
on Facebook at http://facebook.com/walmart
and on Twitter at http://twitter.com/walmart.